Property Management Market - Forecast(2024 - 2030)
Property Management
Market Overview:
The United States is
rapidly progressing with newer infrastructures and technologies developed
frequently which also gradually boosts the overall economic statistics in this
part of the world. Business, here, is overwhelmingly growing with many
stimulating product launches and supportive management and statistical
techniques. According to the Small Business and Entrepreneurship Council,
nearly 5.6 million employer firms were reported to be working in the U.S. in 2016. Establishment of large scale business
organizations and firms have encouraged the growth of lease commercial
buildings, real estates, and other private and public property management which
is why North America held a huge regional share at 38.48% in the global property management market in 2018. Nowadays
property management services not only incorporates overseeing of personal,
commercial, rental, or governmental assets but also includes its maintenance
and monitoring through advanced property management software technologies. Increasing demand for outsourcing projects,
growing acquaintance with Building Information Modelling (BIM), and the advent
of cloud computing services boosting the industrial sector gradually upgrade
the need for efficient property management services. Moreover, increasing real
estate scalability also influences the global property management market which
crossed $1.21 billion in 2018.
Rising preference for
homeownership, hike in residential rental properties, growth in modern
infrastructure building, and expansion of commercial space demands the
necessity for property managing which facilitates associated task tracking such
as storage of the legal contract documents, property transaction updates and
history, and ease of property account handling. All these factors generate huge
property management market demand which is evaluated to increase at a CAGR of
7.52% during the forecast period of 2025. Opening of various retail shops all
across the world also requires adequate knowledge about a particular property
and lease buildings and property management services and solutions effectively
assist the target customers. This of e CAGR for the retail application segment
is projected to experience a considerable rise of 8.39% through to 2025.
Property Management
Market Growth Drivers:
· Growing demand
for web-based services Software as a Service (SaaS) by property management
software service providers and increase outsourcing asset and real estate
management needs elevates the property management market growth.
· The rise in
industrial planning and purchasing of real estate properties will also upsurge
the global property management market demand.
Property Management
Market Companies:
The pioneering companies
of the property management market includes Rentec Direct, LCS, Entrata, Console
Group, AppFolio, Resman, Buildium, and others.
Rentec Direct is a
web-based property management solution provider company which offers facilities
such as tools for supervising and managing the properties and tenants for
landlords serve as a professional asset for the property managers and helps
in tenant screening along with online payment, advertisements, and file
management services.
Property Management
Market Trends:
· Technology is
rapidly changing the face of the world. Property management is adopting the
trend of high tech solutions provided by well-integrated advanced methodologies
such as Fintech and Proptech. Proptech encompasses all the innovative modern
technologies in the real estate business and its management procedures. The
biggest success in Fintech is the blockchain facility which will considerably
lower the property transaction cost and effectively provide solutions to the
users with the internet of things (IoT) and other processes such as augmented
reality (AR), machine learning, and artificial intelligence (AI).
· Another effective technology used by property management experts in the drone technology which
offers a less expensive method to monitor the large properties, building
surveillance, and construction spaces thereby facilitating a smooth real estate
business.
Property Management
Market Research Scope:
The base year of the
study is 2018, with forecast done up to 2025. The study presents a thorough
analysis of the competitive landscape, taking into account the market shares of
the leading companies. It also provides information on unit shipments. These provide
the key market participants with the necessary business intelligence and help
them understand the future of the Property Management market. The assessment
includes the forecast, an overview of the competitive structure, the market
shares of the competitors, as well as the market trends, market demands, market
drivers, market challenges, and product analysis. The market drivers and
restraints have been assessed to fathom their impact over the forecast period.
This report further identifies the key opportunities for growth while also
detailing the key challenges and possible threats. The key areas of focus
include the types of Property Management in the Property Management market and
their specific applications in different areas.
Property Management
Market: Industry Coverage:
The global property management market is divided into components, service, solution,
deployment, end-user, commercial application, and application. Component
segmentation includes solutions and services. On the basis of solutions, bifurcation includes lease accounting and real estate management, asset
maintenance management, workspace and relocation management, reservation
management, and several others. Categorization based on services includes
deployment and integration, consulting, support and maintenance, service level
agreement management, and so on. By deployment, the property management market
can be segmented into the cloud and on-premises. The end-user sub-segment includes
property managers and housing associations. Classification of commercial
application includes construction and real estate, government, retail,
hospitality, and many others. Segmentation on the basis of application includes
commercial and residential.
The property management market
also analyzes the major geographic regions for the market as well as the major
countries for the market in these regions. The regions and countries covered in
the study includes:
•
North America: The U.S., Canada, Mexico
•
South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa
Rica
•
Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain,
Denmark
•
APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
• Middle East and Africa: Israel, South Africa, Saudi Arabia
1.1 Definitions and Scope
2. Property Management Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Property Management Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Property Management Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Property Management Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Property Management Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Property Management Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
LIST OF TABLES
1.Global Property Management Market By Component Market 2023-2030 ($M)1.1 Solutions Market 2023-2030 ($M) - Global Industry Research
1.2 Services Market 2023-2030 ($M) - Global Industry Research
2.Global Market By Solution Market 2023-2030 ($M)
2.1 Lease Accounting & Real Estate Management Market 2023-2030 ($M) - Global Industry Research
2.2 Asset Maintenance Management Market 2023-2030 ($M) - Global Industry Research
2.3 Workspace & Relocation Management Market 2023-2030 ($M) - Global Industry Research
2.4 Reservation Management Market 2023-2030 ($M) - Global Industry Research
3.Global Market By Service Market 2023-2030 ($M)
3.1 Deployment & Integration Market 2023-2030 ($M) - Global Industry Research
3.2 Consulting Market 2023-2030 ($M) - Global Industry Research
3.3 Support & Maintenance Market 2023-2030 ($M) - Global Industry Research
3.4 Service Level Agreement Management Market 2023-2030 ($M) - Global Industry Research
4.Global Property Management Market By Deployment Market 2023-2030 ($M)
4.1 Cloud Market 2023-2030 ($M) - Global Industry Research
4.2 On-Premises Market 2023-2030 ($M) - Global Industry Research
5.Global Market By End-User Market 2023-2030 ($M)
5.1 Property Managers Market 2023-2030 ($M) - Global Industry Research
5.2 Housing Associations Market 2023-2030 ($M) - Global Industry Research
6.Global Market By Commercial Application Market 2023-2030 ($M)
6.1 Construction & Real Estate Market 2023-2030 ($M) - Global Industry Research
6.2 Government Market 2023-2030 ($M) - Global Industry Research
6.3 Retail Market 2023-2030 ($M) - Global Industry Research
6.4 Hospitality Market 2023-2030 ($M) - Global Industry Research
7.Global Property Management Market By Component Market 2023-2030 (Volume/Units)
7.1 Solutions Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 Services Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Market By Solution Market 2023-2030 (Volume/Units)
8.1 Lease Accounting & Real Estate Management Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 Asset Maintenance Management Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Workspace & Relocation Management Market 2023-2030 (Volume/Units) - Global Industry Research
8.4 Reservation Management Market 2023-2030 (Volume/Units) - Global Industry Research
9.Global Market By Service Market 2023-2030 (Volume/Units)
9.1 Deployment & Integration Market 2023-2030 (Volume/Units) - Global Industry Research
9.2 Consulting Market 2023-2030 (Volume/Units) - Global Industry Research
9.3 Support & Maintenance Market 2023-2030 (Volume/Units) - Global Industry Research
9.4 Service Level Agreement Management Market 2023-2030 (Volume/Units) - Global Industry Research
10.Global Property Management Market By Deployment Market 2023-2030 (Volume/Units)
10.1 Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
10.2 On-Premises Market 2023-2030 (Volume/Units) - Global Industry Research
11.Global Market By End-User Market 2023-2030 (Volume/Units)
11.1 Property Managers Market 2023-2030 (Volume/Units) - Global Industry Research
11.2 Housing Associations Market 2023-2030 (Volume/Units) - Global Industry Research
12.Global Market By Commercial Application Market 2023-2030 (Volume/Units)
12.1 Construction & Real Estate Market 2023-2030 (Volume/Units) - Global Industry Research
12.2 Government Market 2023-2030 (Volume/Units) - Global Industry Research
12.3 Retail Market 2023-2030 (Volume/Units) - Global Industry Research
12.4 Hospitality Market 2023-2030 (Volume/Units) - Global Industry Research
13.North America Property Management Market By Component Market 2023-2030 ($M)
13.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
13.2 Services Market 2023-2030 ($M) - Regional Industry Research
14.North America Market By Solution Market 2023-2030 ($M)
14.1 Lease Accounting & Real Estate Management Market 2023-2030 ($M) - Regional Industry Research
14.2 Asset Maintenance Management Market 2023-2030 ($M) - Regional Industry Research
14.3 Workspace & Relocation Management Market 2023-2030 ($M) - Regional Industry Research
14.4 Reservation Management Market 2023-2030 ($M) - Regional Industry Research
15.North America Market By Service Market 2023-2030 ($M)
15.1 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
15.2 Consulting Market 2023-2030 ($M) - Regional Industry Research
15.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
15.4 Service Level Agreement Management Market 2023-2030 ($M) - Regional Industry Research
16.North America Property Management Market By Deployment Market 2023-2030 ($M)
16.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
16.2 On-Premises Market 2023-2030 ($M) - Regional Industry Research
17.North America Market By End-User Market 2023-2030 ($M)
17.1 Property Managers Market 2023-2030 ($M) - Regional Industry Research
17.2 Housing Associations Market 2023-2030 ($M) - Regional Industry Research
18.North America Market By Commercial Application Market 2023-2030 ($M)
18.1 Construction & Real Estate Market 2023-2030 ($M) - Regional Industry Research
18.2 Government Market 2023-2030 ($M) - Regional Industry Research
18.3 Retail Market 2023-2030 ($M) - Regional Industry Research
18.4 Hospitality Market 2023-2030 ($M) - Regional Industry Research
19.South America Property Management Market By Component Market 2023-2030 ($M)
19.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
19.2 Services Market 2023-2030 ($M) - Regional Industry Research
20.South America Market By Solution Market 2023-2030 ($M)
20.1 Lease Accounting & Real Estate Management Market 2023-2030 ($M) - Regional Industry Research
20.2 Asset Maintenance Management Market 2023-2030 ($M) - Regional Industry Research
20.3 Workspace & Relocation Management Market 2023-2030 ($M) - Regional Industry Research
20.4 Reservation Management Market 2023-2030 ($M) - Regional Industry Research
21.South America Market By Service Market 2023-2030 ($M)
21.1 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
21.2 Consulting Market 2023-2030 ($M) - Regional Industry Research
21.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
21.4 Service Level Agreement Management Market 2023-2030 ($M) - Regional Industry Research
22.South America Property Management Market By Deployment Market 2023-2030 ($M)
22.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
22.2 On-Premises Market 2023-2030 ($M) - Regional Industry Research
23.South America Market By End-User Market 2023-2030 ($M)
23.1 Property Managers Market 2023-2030 ($M) - Regional Industry Research
23.2 Housing Associations Market 2023-2030 ($M) - Regional Industry Research
24.South America Market By Commercial Application Market 2023-2030 ($M)
24.1 Construction & Real Estate Market 2023-2030 ($M) - Regional Industry Research
24.2 Government Market 2023-2030 ($M) - Regional Industry Research
24.3 Retail Market 2023-2030 ($M) - Regional Industry Research
24.4 Hospitality Market 2023-2030 ($M) - Regional Industry Research
25.Europe Property Management Market By Component Market 2023-2030 ($M)
25.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
25.2 Services Market 2023-2030 ($M) - Regional Industry Research
26.Europe Market By Solution Market 2023-2030 ($M)
26.1 Lease Accounting & Real Estate Management Market 2023-2030 ($M) - Regional Industry Research
26.2 Asset Maintenance Management Market 2023-2030 ($M) - Regional Industry Research
26.3 Workspace & Relocation Management Market 2023-2030 ($M) - Regional Industry Research
26.4 Reservation Management Market 2023-2030 ($M) - Regional Industry Research
27.Europe Market By Service Market 2023-2030 ($M)
27.1 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
27.2 Consulting Market 2023-2030 ($M) - Regional Industry Research
27.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
27.4 Service Level Agreement Management Market 2023-2030 ($M) - Regional Industry Research
28.Europe Property Management Market By Deployment Market 2023-2030 ($M)
28.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
28.2 On-Premises Market 2023-2030 ($M) - Regional Industry Research
29.Europe Market By End-User Market 2023-2030 ($M)
29.1 Property Managers Market 2023-2030 ($M) - Regional Industry Research
29.2 Housing Associations Market 2023-2030 ($M) - Regional Industry Research
30.Europe Market By Commercial Application Market 2023-2030 ($M)
30.1 Construction & Real Estate Market 2023-2030 ($M) - Regional Industry Research
30.2 Government Market 2023-2030 ($M) - Regional Industry Research
30.3 Retail Market 2023-2030 ($M) - Regional Industry Research
30.4 Hospitality Market 2023-2030 ($M) - Regional Industry Research
31.APAC Property Management Market By Component Market 2023-2030 ($M)
31.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
31.2 Services Market 2023-2030 ($M) - Regional Industry Research
32.APAC Market By Solution Market 2023-2030 ($M)
32.1 Lease Accounting & Real Estate Management Market 2023-2030 ($M) - Regional Industry Research
32.2 Asset Maintenance Management Market 2023-2030 ($M) - Regional Industry Research
32.3 Workspace & Relocation Management Market 2023-2030 ($M) - Regional Industry Research
32.4 Reservation Management Market 2023-2030 ($M) - Regional Industry Research
33.APAC Market By Service Market 2023-2030 ($M)
33.1 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
33.2 Consulting Market 2023-2030 ($M) - Regional Industry Research
33.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
33.4 Service Level Agreement Management Market 2023-2030 ($M) - Regional Industry Research
34.APAC Property Management Market By Deployment Market 2023-2030 ($M)
34.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
34.2 On-Premises Market 2023-2030 ($M) - Regional Industry Research
35.APAC Market By End-User Market 2023-2030 ($M)
35.1 Property Managers Market 2023-2030 ($M) - Regional Industry Research
35.2 Housing Associations Market 2023-2030 ($M) - Regional Industry Research
36.APAC Market By Commercial Application Market 2023-2030 ($M)
36.1 Construction & Real Estate Market 2023-2030 ($M) - Regional Industry Research
36.2 Government Market 2023-2030 ($M) - Regional Industry Research
36.3 Retail Market 2023-2030 ($M) - Regional Industry Research
36.4 Hospitality Market 2023-2030 ($M) - Regional Industry Research
37.MENA Property Management Market By Component Market 2023-2030 ($M)
37.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
37.2 Services Market 2023-2030 ($M) - Regional Industry Research
38.MENA Market By Solution Market 2023-2030 ($M)
38.1 Lease Accounting & Real Estate Management Market 2023-2030 ($M) - Regional Industry Research
38.2 Asset Maintenance Management Market 2023-2030 ($M) - Regional Industry Research
38.3 Workspace & Relocation Management Market 2023-2030 ($M) - Regional Industry Research
38.4 Reservation Management Market 2023-2030 ($M) - Regional Industry Research
39.MENA Market By Service Market 2023-2030 ($M)
39.1 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
39.2 Consulting Market 2023-2030 ($M) - Regional Industry Research
39.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
39.4 Service Level Agreement Management Market 2023-2030 ($M) - Regional Industry Research
40.MENA Property Management Market By Deployment Market 2023-2030 ($M)
40.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
40.2 On-Premises Market 2023-2030 ($M) - Regional Industry Research
41.MENA Market By End-User Market 2023-2030 ($M)
41.1 Property Managers Market 2023-2030 ($M) - Regional Industry Research
41.2 Housing Associations Market 2023-2030 ($M) - Regional Industry Research
42.MENA Market By Commercial Application Market 2023-2030 ($M)
42.1 Construction & Real Estate Market 2023-2030 ($M) - Regional Industry Research
42.2 Government Market 2023-2030 ($M) - Regional Industry Research
42.3 Retail Market 2023-2030 ($M) - Regional Industry Research
42.4 Hospitality Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Property Management Market Revenue, 2023-2030 ($M)2.Canada Property Management Market Revenue, 2023-2030 ($M)
3.Mexico Property Management Market Revenue, 2023-2030 ($M)
4.Brazil Property Management Market Revenue, 2023-2030 ($M)
5.Argentina Property Management Market Revenue, 2023-2030 ($M)
6.Peru Property Management Market Revenue, 2023-2030 ($M)
7.Colombia Property Management Market Revenue, 2023-2030 ($M)
8.Chile Property Management Market Revenue, 2023-2030 ($M)
9.Rest of South America Property Management Market Revenue, 2023-2030 ($M)
10.UK Property Management Market Revenue, 2023-2030 ($M)
11.Germany Property Management Market Revenue, 2023-2030 ($M)
12.France Property Management Market Revenue, 2023-2030 ($M)
13.Italy Property Management Market Revenue, 2023-2030 ($M)
14.Spain Property Management Market Revenue, 2023-2030 ($M)
15.Rest of Europe Property Management Market Revenue, 2023-2030 ($M)
16.China Property Management Market Revenue, 2023-2030 ($M)
17.India Property Management Market Revenue, 2023-2030 ($M)
18.Japan Property Management Market Revenue, 2023-2030 ($M)
19.South Korea Property Management Market Revenue, 2023-2030 ($M)
20.South Africa Property Management Market Revenue, 2023-2030 ($M)
21.North America Property Management By Application
22.South America Property Management By Application
23.Europe Property Management By Application
24.APAC Property Management By Application
25.MENA Property Management By Application
26.IBM, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.JLL, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Oracle, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.SAP, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Trimble, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.RealPage, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.AppFolio, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Yardi, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.MCS Solutions, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.ARCHIBUS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.FSI, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Planon, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Accruent, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Entrata, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.iOFFICE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.Indus Systems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
42.Total Management, Sales /Revenue, 2015-2018 ($Mn/$Bn)
43.Rentec Direct, Sales /Revenue, 2015-2018 ($Mn/$Bn)
44.PMX Dynamics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
45.Hemlane, Sales /Revenue, 2015-2018 ($Mn/$Bn)
46.Property Boulevard, Sales /Revenue, 2015-2018 ($Mn/$Bn)
47.OfficeSpace Software, Sales /Revenue, 2015-2018 ($Mn/$Bn)
48.CIC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
49.Archidata, Sales /Revenue, 2015-2018 ($Mn/$Bn)
50.Buildium, Sales /Revenue, 2015-2018 ($Mn/$Bn)